• David Gokhshtein, one of the popular names in the cryptocurrency community, shared his views on an Ethereum rival altcoin and stated that his investments in this altcoin were successful.
Popular crypto phenom David Gokhshtein, founder of Gokhshtein Media and former US congressional candidate, recently shared Cardano (ADA) He shared his thoughts on blockchain. Gokhshetein also revealed whether he holds ADA in his investment portfolio.
First of all, the founder of Gokhshtein Media stated that he is maintaining his position in ADA and seems satisfied with the result, adding that this share of ADA’s portfolio has been successfully expanded since the acquisitions it has made.
As for his thoughts on Cardano, the crypto media figure reiterated his earlier view that the platform is complex. According to Gokhshtein, the main, and perhaps only, problem with blockchain is the complex login threshold and the need for more in-depth study of the platform, which seems too difficult for the average user. told.
I’ve held $ADAbut as the weeks have moved on it’s grown on it.
Again, the only problem I have is that it takes a while to understand the ecosystem, which might push away people from building on it.
— David Gokhshtein (@davidgokhshtein) August 14, 2022
Gokhshtein has repeatedly complained about the complexity of the Cardano brand, considering that cryptocurrencies and blockchain are truly foreign science to ordinary citizens who are not techno-enthusiasts, cypherpunks, or casual crypto-enthusiasts.
According to the crypto influencer, simplifying the message and freeing the platform from the terms of casual users will contribute to increasing interest in Cardano, if not increasing the number of users.
Cardano (ADA) price review
Last weekend, the popular cryptocurrency Cardano (ADA) had a pretty successful weekend. The altcoin managed to climb to the upper end of the $0.4-0.6 price range, where it fell at the start of the May crash.
Over the weekend, ADA posted a growth of 10 percent, which is pretty good for an altcoin of its size, but the key resistance level remained intact and prices corrected downwards from that level.
With the expectation that the positive trend realized in the crypto market will continue, one should follow the price levels and speculate accordingly. Therefore, you may want to wait for another attempt to get $0.6 and then make your own investment decisions.
You can follow the current price action here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.